The Union Budget 2025-26 prioritizes MSMEs, infrastructure, and digital transformation. Key highlights include enhanced credit access, tax relief, manufacturing incentives, and green energy investments, fostering inclusive growth and positioning India for a resilient future.
A patent grants inventors exclusive rights, fostering innovation by protecting new ideas. Under India's Patents Act, 1970, patentability hinges on novelty, inventive step, and industrial applicability, ensuring only deserving inventions achieve legal protection.
GIFT City, India’s smart financial hub in Gujarat, blends advanced infrastructure with a dynamic regulatory framework. It fosters global collaboration in finance and education, attracting top foreign universities and investors, and positioning India as a global innovation leader.
Novation, under Section 62 of the Indian Contract Act, 1872, allows the substitution of an existing contract with a new one, either by altering terms or replacing parties. It discharges the original contract, creating fresh obligations through mutual consent of all parties involved.
The evolution of copyright law now includes protection for computer-generated works, though challenges persist, especially with AI-created content. Questions about originality, human authorship, and ownership highlight the need to adapt laws to modern technological realities.